Summary
GENI@L is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €155,066 and a net result of €150,066. Its solvency ranks better than 15% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GENI@L
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pour autant que cette décision n’entraîne pas de changement en matière de régime linguistique applicable à la société” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 10. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non, l'assemblée fixe nombre, durée et pouvoirs en cas de…” (deed in French)“Portée aux frais généraux plus frais de représentation, voyages et déplacements, assemblée générale décide gratuité ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “120, 1/120ème” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed